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Home and Income

98 Russell Terrace Berhampore, Wellington City 6023

Sold on 1 Jun 2018
  • 4 Beds
  • 2 Baths
Agents

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Home and Income in Berhampore

PRIME TWO FLAT INVESTMENT PROPERTY IN BERHAMPORE

  • 4 Beds
  • 2 Baths
Listed By:
Ray White Wellington CityLeaders In Real Estate (1987) Limited Licensed (REAA 2008)

BEO $775,000

This character Home & Income / 2 Flat Investment property will suit sophisticated investors looking for a great cash-flow producing investment with high capital growth. Located close to Newtown shops, there is very high demand from tenants, and has lots of upside.

  • Current cash-flow of $895pw OR $46540pa on fixed leases until July 2018. (Under rented)
  • Spacious 2 Bedroom downstairs + 2 Bedroom upstairs with potential to further value and increase yields.
  • Unbeatable location & amenities close by + short drive to the city.
  • VERY high demand from tenants, virtually no vacancies.
  • Potential to improve and add further value.
  • Floor area 130sqm.
  • WCC rates $3509pa.
  • Not on the WCC EQC register.

This property has all the ingredients of the perfect rental: high growth location, multiple income streams. Decent properties like this attract the best tenants, higher rents, and more capital gain. www.98russelltce.com

View strictly by Appointment Monday to Friday 11AM -2PM. Call Harry to view today!

Features:
  • Built in 1900
Property ID:

BDN21031

Building:

130m²

Bedrooms:

4

Bathrooms:

2

Listed By:
Ray White Wellington CityLeaders In Real Estate (1987) Limited Licensed (REAA 2008)
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